House File 2759 - Introduced HOUSE FILE BY COMMITTEE ON APPROPRIATIONS (SUCCESSOR TO HSB 767) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act providing for the appropriation of moneys to support 2 renewable fuel infrastructure, and providing a contingent 3 effective date. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 6606HV 81 6 da/je/5 PAG LIN 1 1 Section 1. Section 15G.111, subsection 1, paragraph a, 1 2 Code Supplement 2005, is amended to read as follows: 1 3 a. For the fiscal period beginning July 1, 2005, and 1 4 ending June 30, 2015, there is appropriated each fiscal year 1 5 from the grow Iowa values fund created in section 15G.108,to1 6 the following amounts for the purposes designated: 1 7 (1) (a) For the fiscal year beginning July 1, 2005, and 1 8 ending June 30, 2006, to the department of economic 1 9 development thirty=five million dollars for programs 1 10 administered by the department of economic development. 1 11 (b) This subparagraph (1) is repealed on July 1, 2006. 1 12 (2) (a) For each fiscal year of the fiscal period 1 13 beginning July 1, 2006, and ending June 30, 2009, to the 1 14 department of economic development thirty=three million 1 15 dollars for programs administered by the department of 1 16 economic development. 1 17 (b) This subparagraph (2) is repealed on July 1, 2009. 1 18 (3) (a) For each fiscal year of the fiscal period 1 19 beginning July 1, 2009, and ending June 30, 2015, to the 1 20 department of economic development thirty=five million dollars 1 21 for programs administered by the department of economic 1 22 development. 1 23 (b) This subparagraph (3) is repealed on July 1, 2015. 1 24 Sec. 2. Section 15G.111, Code Supplement 2005, is amended 1 25 by adding the following new subsection: 1 26 NEW SUBSECTION. 6A. a. For the fiscal period beginning 1 27 July 1, 2006, and ending June 30, 2009, there is appropriated 1 28 each fiscal year from the grow Iowa values fund created in 1 29 section 15G.108 to the department of natural resources two 1 30 million dollars for deposit in the renewable fuel 1 31 infrastructure fund as enacted in 2006 Iowa Acts, House File 1 32 2754, to be expended as provided in that Act. 1 33 b. This subsection is repealed on July 1, 2009. 1 34 Sec. 3. Section 455G.32, subsection 1, if enacted by 2006 1 35 Iowa Acts, House File 2754, is amended by adding the following 2 1 new unnumbered paragraph: 2 2 NEW UNNUMBERED PARAGRAPH. For each fiscal year, up to 2 3 fifty thousand dollars is appropriated from the fund to the 2 4 department in order to administer the renewable fuel 2 5 infrastructure programs as provided in sections 455G.34 and 2 6 455G.35. 2 7 Sec. 4. CONTINGENT EFFECTIVE DATE. This Act is contingent 2 8 upon the establishment of a renewable fuel infrastructure fund 2 9 as enacted in 2006 Iowa Acts, House File 2754. 2 10 EXPLANATION 2 11 This bill is related to H.F. 2754, which is pending in the 2 12 general assembly, providing for the formulation of motor fuel 2 13 by providing for renewable fuel, including ethanol blended 2 14 fuel and biodiesel blended fuel. Part of that bill 2 15 establishes a renewable fuel infrastructure fund. The fund is 2 16 under the control of the department of natural resources to be 2 17 allocated between supporting renewable fuel infrastructure 2 18 programs relating to the storage and dispensing of E=85 2 19 gasoline at retail motor fuel sites (service stations) and 2 20 biodiesel at terminals. The purpose of the renewable fuel 2 21 infrastructure program for retail motor fuel sites is to 2 22 provide cost=share financial assistance for installing, 2 23 replacing, or converting motor fuel storage and dispensing 2 24 infrastructure designed and used exclusively for E=85 2 25 gasoline, biodiesel, or biodiesel blended fuel. The purpose 2 26 of the renewable fuel infrastructure program for biodiesel 2 27 terminal facilities is to provide cost=share financial 2 28 assistance to support infrastructure designed and used 2 29 exclusively to store and distribute biodiesel or biodiesel 2 30 blended fuel. 2 31 Under existing law, Code section 15G.110 provides a 2 32 standing general fund appropriation to the Iowa values fund of 2 33 $50 million for each fiscal year beginning July 1, 2005, and 2 34 ending June 30, 2015, to support a number of entities, 2 35 including the Iowa department of economic development, which 3 1 annually receives $35 million of that amount. A percentage of 3 2 that amount is to be used for a variety of purposes such as 3 3 business start=ups, expansions, modernization, attraction, 3 4 retention, marketing, and research and development. 3 5 The bill appropriates $2 million from the Iowa values fund 3 6 for each fiscal year beginning July 1, 2006, and ending June 3 7 30, 2009, to the department of natural resources for deposit 3 8 into the renewable fuel infrastructure fund, and reduces the 3 9 same amount which would otherwise be allocated to the Iowa 3 10 department of economic development. Of this appropriation, 3 11 the bill authorizes the department of natural resources to 3 12 expend up to $50,000 to administer the renewable fuel 3 13 infrastructure programs. 3 14 The bill takes effect only if the renewable fuel 3 15 infrastructure fund as established in H.F. 2754 is enacted. 3 16 LSB 6606HV 81 3 17 da:jp/je/5